5429 Newcastle Avenue, Encino, CA 91316

2 beds 2 baths 60,922 sq.ft.

Offerered at: $299,990.00

County: Los Angeles
Year Built: 1964
Association Fees: $600.00/mo.

Property Description

Investor Special – Fixer in Prime Encino Location | Probate Sale | No FHA Financing ****Probate**** Need Court Confirmation **** Unlock the potential of this 2 bed, 2 bath condo ideally located just off the 101 Freeway and Ventura Blvd in desirable Encino. Sold As-Is, this contractor-ready unit is a rare opportunity for seasoned investors and flippers looking to reimagine a spacious layout into a true showcase property. Featuring two large en-suite bedrooms, each comfortably accommodating king-size beds with plenty of space for wardrobes and dressers. The unit boasts abundant storage, including a walk-in closet, three hallway closets, and four linen cabinets—perfect for maximizing functionality in a modern redesign. Enjoy natural light throughout the open living area with a flexible floor plan ideal for a variety of layout and design choices. Though community laundry is available, the closest facility is located directly across the hall, offering added convenience. One covered parking space is also included. This is a fantastic value-add opportunity in a high-demand rental and resale area. Whether you're looking to hold or flip, this condo is your next smart move. Investors welcome.

ESSENTIAL INFO

  • Status: Active
  • School District: Los Angeles Unified